ProSomnus signs business combination agreement with Lakeshore Acquisition I Corp

ProSomnus, a sleep apnea device manufacturer, signed a definitive agreement to be acquired by Lakeshore Acquisition I Corp for $125 million, with a combined value of $168 million. The deal includes $30 million in convertible notes and a potential $10 million PIPE.

“Having treated over 150,000 patients and received overwhelmingly positive feedback, we believe ProSomnus has the potential to drastically help people who are suffering from obstructive sleep apnea.”medicaldevice-network.com

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• medicaldevice-network.comProSomnus signs business combination agreement with LakeshoreSrivani VennaMay 11, 2022

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